Downtown Sarasota’s current development pipeline points to continued growth in luxury and urban living options, reinforcing why demand for downtown real estate remains strong. While the number of new projects is relatively limited compared to larger metro areas, Sarasota continues to attract buyers seeking walkable locations, waterfront access, and modern construction. This controlled level of development supports long-term demand without oversaturating the market.
The outlook shows that new construction activity is primarily centered on high-end and boutique condo projects rather than large-scale volume developments. Key projects shaping the downtown landscape include One Park Sarasota and Ritz-Carlton Residences Sarasota Bay along the Bayfront, ultra-luxury branded developments such as Rosewood Residences Lido Key and the proposed Waldorf Astoria Residences Sarasota, boutique projects like 625 Sarasota at The Palm and Mira Mar, mixed-use towers including SOTA Residences and Live 1000, and waterfront buildings such as Amara and Peninsula on Golden Gate Point. Proposed developments like Saravela further point to continued long-term growth in the downtown core.
For buyers, this means inventory will remain limited and highly competitive, making early positioning especially important as many units sell before completion. For sellers, ongoing development paired with limited land availability continues to support strong long-term value. Overall, Downtown Sarasota’s development forecast reinforces confidence in the market and highlights why urban condo demand is expected to remain steady through the rest of the decade.
For floor plans, current pricing, availability, and a personalized shortlist based on your goals, reach out for more information.
With 7+ years of experience, I’m a multi-million-dollar top producer and trusted Sarasota real estate agent serving Sarasota and Manatee counties. As a high-performing local Realtor®, I combine strategic marketing, expert negotiation, and deep neighborhood knowledge to help buyers, sellers, and relocations succeed. As a second-generation Sarasotan, I know Sarasota’s communities inside and out and guide clients through every step of the buying or selling process. Call or text 941-284-0283 to discuss your real estate goals.